Articles
This section of our web site covers issues relating to aviation insurance, aviation liability, aircraft insurance coverage and other articles. It will change from time to time as we add articles or make changes, so check back occasionally. Please send us an email if you would like information on a specific aviation insurance subject.
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Current Articles
TAKING FLIGHT
Nason Associates helps retailers take off with aviation business
By Elisabeth Boone, CPCU
Article courtesy of Rough Notes Magazine
Aviation risks are tough, complex, and challenging. So who better to handle them than a team of veteran underwriters who, from their home base in Mission, Kansas, manage accounts worth some $13 million in aviation premium and represent a combined 70 years of aviation underwriting experience?
AIRCRAFT PRODUCTS AND LIABILITY REVISITED
By C.H. Nason
Nason Associates
In 1983, I was invited to present an article to the Avionics News, in which I gave a summary of state-of-the-art Aircraft Products Liability conditions, in direct reference to the aircraft electronics industry. It is interesting to read something you wrote thirteen years before to see whether you were correct, or whether you had written an unfulfilled prophecy. To be honest, most of the predictions in the previous article have come to pass, and I believe it would be worthwhile for all of us in the avionics industry to review the developments as they existed in 1996.
By C.H. Nason and Lorri Shuey
Nason Associates
Following are some of my thoughts about the use of an Excess and Surplus Lines broker in the Aviation field. First of all, our firm has been active in the Aviation market for a number of years, exclusively dealing with agents, brokers, and insurance companies on a reinsurance basis. Our guiding consideration has always been that unless our firm can add something to the transaction (value to the agent’s and/or customer’s work), then we have no reason to exist.
Aviation’s Most Misunderstood Coverage
By C.H. Nason
Nason Associates
Aircraft Non-Ownership Liability is a coverage which has been with us for more than 50 years. It is probably the subject of more calls to our office than any other specialty aviation insurance.
By C.H. Nason
Nason Associates
Companies and individuals who own aircraft are usually within a somewhat tight-knit community. It is not uncommon to have one company use another company’s airplane, or for people to fly friends’ airplanes when their own aircraft are not available. Airplanes were meant to be flown, and certainly the sharing of them is a normal and enjoyable practice throughout the aviation community. In addition to the social aspect of using other people’s airplanes, sometimes it is necessary to borrow or rent airplanes for a business trip if one’s aircraft is not available due to scheduling or repairs. With these thoughts in mind, exactly what type of insurance coverage is available when a company or an individual flies non-owned aircraft?
By C.H. Nason
Nason Associates
Reprinted from Best’s Review December 1987
Coverage for aviation risks requires both specialized underwriting and production facilities, making this type of insurance a natural for the excess and surplus lines marketplace. Everyday retail agents representing aircraft clients throughout the country seek technical assistance from excess and surplus lines brokers representing the aircraft insurance marketplace.